Gold & Silver Warning! A Major Move Is Now Imminent | Chris Vermeulen

Chris Vermeulen says gold and silver are at a pivotal inflection point, with gold needing to defend the $4,000 area and silver the $60-$61 zone to keep the near-term bullish structure intact. If those supports fail, he warns of a final shakeout that could drag gold toward $3,600 and silver toward $40 before a larger advance resumes; if they hold, he sees the next leg potentially extending much higher, with long-run upside targets of $8,600 for gold and $175 for silver. The key signal in his framework is the U.S. dollar: a stronger dollar would likely pressure both metals and validate the correction scenario, while dollar weakness would favor a renewed breakout. The setup is therefore less about fundamentals in the transcript and more about technical confirmation around those specific support levels, making the dollar trend the main catalyst to watch. For traders, the immediate risk is a volatility spike around those levels as the market decides between a cleansing pullback and continuation of the broader bull trend. Gold holding $4,000 and silver holding $60-$61 would keep momentum traders engaged; a decisive break below those zones would argue for deeper downside first before any larger trend extension.